MoneyWorks4Me

DCB Bank to make additional investment in Saksham

11 Oct 2024 Evaluate

DCB Bank is all set to make additional investment by acquiring and/or subscribing to 3,21,420 equity shares of Saksham Gram Credit (Saksham). With this additional investment, the total shareholding of the Bank in Saksham becomes 9.90%. The acquisition is to be completed by March 31, 2025.

DCB Bank is one of the emerging private sector banks in India. The Bank is amongst the first private sector banks to waive advisory fee and service charge for Mutual Fund investment.


Peers
Company Name CMP
HDFC Bank 708.00
ICICI Bank 1379.15
Axis Bank 1247.50
Kotak Mahindra Bank 418.70
Indusind Bank 977.80
View more..